Primary City/State:Phoenix, Arizona
Department Name:Risk Adjustment
Find your path in health care. Banner Health is committed to not only providing the finest care possible, but to advancing the way care is provided. To achieve our vision, we seek out professionals who embrace change and who possess the passion and skills to make it happen. Apply today.
Your pay and benefits are important components of your journey at Banner Health. This opportunity includes the option to participate in a variety of health, financial, and security benefits. In addition, this position may be eligible for our Management Incentive Program as part of your Total Rewards package.Banner Health Network (BHN) is an accountable care organization that joins Arizona's largest health care provider, Banner Health, and an extensive network of primary care and specialty physicians to provide the most comprehensive healthcare solutions for Maricopa County and parts of Pinal County. Through BHN, known nationally as an innovative leader in new health care models, insurance plans and physicians are coming together to work collaboratively to keep members in optimal health, while reducing costs.
Banner Health continues to be at the forefront of healthcare industry changes and the Insurance Division is leading the way to change the way healthcare is delivered through value based care. If you are motivated by having a purpose behind your work, you will be rewarded day in and day out knowing you are driving improved health care and outcomes for our members. Quality and Risk Adjustment are the heart of measuring the success and accuracy of value based care and you will be help leading the way in this area.
This position provides overall direction of the Finance functions for separate operating unit(s) to support the achievement of facility and related entities' financial and strategic objectives.
1. Reports financial performance metrics for assigned facilities.
2. Directs and manages key processes including financial, management and cost reporting and analysis; net revenue modeling; operating and strategic financial planning; annual operating and capital budgeting; decision support and business analysis.
3. Establishes systems to monitor performance and assure all departments are delivering financial goals as committed through the budget. Recommends redistribution of resources when necessary to deliver outcomes.
4. Assures adherence to company financial policies and internal controls, regulatory compliance, and generally accepted accounting principles. Develops and implements financial policies and/or procedures as needed.
5. May direct personnel actions including recruiting, new hire actions, interviewing and selection of new staff, salary determinations, training, and personnel evaluations. Provides on-going financial education opportunities for staff, department managers and administration, as necessary.
6. May leads teams and models behaviors to improve processes, customer satisfaction, and profitability. Works with department managers and other department personnel to identify financial improvement opportunities through monthly budget variance analysis, studying trended data, comparing benchmark information and reviewing productivity data.
7. Provides financial decision support to assigned operating unit(s) and selected service lines by providing program, payer and service profitability reports and operating and capital investment analysis and forecasting.
8. Ensures the achievement of financial goals and performance metrics for operating unit. Primarily supports senior leadership across the operating unit and facility.
Performs all functions according to established policies, procedures, regulatory and accreditation requirements, as well as applicable professional standards. Provides all customers of Banner Health with an excellent service experience by consistently demonstrating our core and leader behaviors each and every day.
Requires a Bachelor's degree in Accounting, Finance or related field.
Requires a proficiency level typically attained with seven or more years experience in healthcare finance. Employees working at Banner Behavioral Health Hospital or the Whole Health Clinic must possess an Arizona Fingerprint Clearance Card at the time of hire and maintain the card for the duration of their employment.
Requires ability to prepare detailed operating and financial reports using advanced computer skills. Requires strong interpersonal, leadership and communication/presentation skills.
Master of Business Administration or Certified Public Accountant (MBA/CPA) is highly desirable or equivalent work experience with an in-depth knowledge of accounting principles, budgeting, cost accounting and healthcare reimbursement methodologies. Previous management of professional level staff highly preferred.
Additional related education and/or experience preferred.
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